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Hanwha Vision (XKRX:489790) Interest Coverage : 15.53 (As of Mar. 2025)


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What is Hanwha Vision Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Hanwha Vision's Operating Income for the three months ended in Mar. 2025 was ₩44,297 Mil. Hanwha Vision's Interest Expense for the three months ended in Mar. 2025 was ₩-2,852 Mil. Hanwha Vision's interest coverage for the quarter that ended in Mar. 2025 was 15.53. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hanwha Vision's Interest Coverage or its related term are showing as below:

XKRX:489790' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.52
Current: 6.52


XKRX:489790's Interest Coverage is ranked worse than
63.92% of 790 companies
in the Business Services industry
Industry Median: 12.93 vs XKRX:489790: 6.52

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hanwha Vision Interest Coverage Historical Data

The historical data trend for Hanwha Vision's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Hanwha Vision Interest Coverage Chart

Hanwha Vision Annual Data
Trend Dec24
Interest Coverage
-

Hanwha Vision Quarterly Data
Sep24 Dec24 Mar25
Interest Coverage 3.61 - 15.53

Competitive Comparison of Hanwha Vision's Interest Coverage

For the Security & Protection Services subindustry, Hanwha Vision's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hanwha Vision's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hanwha Vision's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hanwha Vision's Interest Coverage falls into.


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Hanwha Vision Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hanwha Vision's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Hanwha Vision's Interest Expense was ₩-3,922 Mil. Its Operating Income was ₩-120 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩23,641 Mil.

Hanwha Vision did not have earnings to cover the interest expense.

Hanwha Vision's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hanwha Vision's Interest Expense was ₩-2,852 Mil. Its Operating Income was ₩44,297 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩22,014 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*44297.138/-2852.053
=15.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Hanwha Vision  (XKRX:489790) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Hanwha Vision Interest Coverage Related Terms

Thank you for viewing the detailed overview of Hanwha Vision's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Hanwha Vision Business Description

Traded in Other Exchanges
N/A
Address
6, Pangyo-ro 319beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13488
Hanwha Vision operates through its subsidiaries, which is a video security specialist based on world-class optical design, manufacturing, and image processing technology. The company is ensuring safety and security around the world and across society with products and solutions with outstanding performance, high reliability, and industry cybersecurity policies.

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